Chief Executive Officer of Commerzbank Martin Blessing said he is staying at the helm until the bank is successfully reorganized.
Commerzbank
Breaking News
The German government may be divesting its interest in Germany's second largest lender within the year.
Wells Fargo & Company stated that it has bought US$6.05 billion worth of commercial real estate in London from Hypothekenbank Frankfurt.
The German government is contemplating on selling its stake in the loss-making bank after the conduct of the national elections on September.
Wolfgang Schaeuble initiated exploratory talks with the chairman of UBS about its stake in Commerzbank.
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